Managing investments and securities exchanges is a complicated and byzantine process. There are many rules that must be followed closely and the entire process is overseen by huge government bureaucracies, and this is why most people hire brokers to do their business for them. "Registered representative" is a very literal job title: commonly known as "stockbrokers," they are licensed by the United States Securities and Exchange Commission, as well as self-regulatory agencies such as the New York Stock Exchange, to represent their clients in the purchase, sale, and management of securities.
Registered representative do not only buy and sell; they are highly-qualified agents who also handle transactions involving insurance, futures, and other tradeable commodities. Other parts of the job involve using their understanding of market activity to provide investment advice to clients, managing and monitoring existing investments, and acting on behalf of clients to make the financial moves they desire.
Registered representatives may work independently or as members of investment firms. They must be detail-oriented individuals who constantly monitor securities markets and possess the understanding of this activity to make sound investment decisions, as well as a strong sense of timing to make the right moves at the right times. A bachelor's or master's degree in a financial field and the licensing mentioned above are generally required for this position.